The Foreign Ministers of the Melanesian Spearhead Group have agreed to the establishment of a commercial arm for the sub-regional body.
This follows a meeting in Vanuatu on Friday.
The Director of Operations at the MSG Secretariat, Jean-Pierre Nirua, says the new outfit will be called Melanesian Solutions and could become an important part of the MSG's programmes.
"Once that entity becomes operational, there's possibility maybe to set up branches in the member countries. Basically to engage in income generating activities to help sustain, the programs of the secretariat and of course the aspirations of the leaders and ministers decisions."
The Port Vila meeting, which was chaired by Michael Forrest, who is the Permanent Secretary of New Caledonia's FLNKS, was attended by the Foreign Ministers of Fiji, Vanuatu and Solomon Islands.